Adams (LON:ADA) Trading 16.7% Higher

Adams Plc (LON:ADAGet Rating) traded up 16.7% on Thursday . The company traded as high as GBX 5.25 ($0.06) and last traded at GBX 5.25 ($0.06). 475,000 shares were traded during mid-day trading, an increase of 957% from the average session volume of 44,939 shares. The stock had previously closed at GBX 4.50 ($0.05).

Adams Price Performance

The stock has a 50 day simple moving average of GBX 4.68 and a two-hundred day simple moving average of GBX 5.75. The company has a market cap of £7.66 million and a PE ratio of 262.50.

Adams Company Profile

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Adams Plc is a venture capital fund specializing in early stage investments. It prefers to invest in the biotechnology sector, life sciences and technology sectors but will also consider investments in other sectors. It focuses its investments in small and medium sized enterprises based in UK and Europe but will also consider other parts of the world.

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